Bitcoin Forum

We are witnessing a dip again and its the time when most of us sell to avoid further loss. Don't panic and relax if you already have bought at higher rates just HODL.
The positive aspect of this dip is buying opportunity.

selling should only occur when you see the dip start. not after you saw the dip finished or near the finish line. for instance when price has fallen more than 10% already that means that you have already missed your chance to sell. and although it is still possible to drop more but you have no way of knowing that for sure so selling at that point would be a lot riskier.

This is correct. I bought ETH few days back when it was at 705 USD and all of a sudden it collapsed. I guess I have already missed the chance to sell it and now have to HODL it

Yes, just like a said, coins are cheap and they are really in bargain. This is a good buying for everyone and don't wait for the price to go dip because it might not happen. Bitcoin for example is trading above $7500 so I don't think that it will go below $7K as everyone is waiting.

So we should also look at the bright side of every dip and try to get the coins you wanted to invest and HODL. I already made my move like 2 days ago and the coins that I invested is being pumped right now hehehe.

you are right, but it depends on your perspective I am suggest to exchange some other potential coin because many altcoins are good growing coins but current dip all the coins are down in the market so we know which one is fastly moving forward in the market so better we should exchange our investment this will make good profit.

Most of the trader said just relax and wait the price increase and that's very true because most of the people are panic selling . Those people who are negative are still releasing negative news so many people are sell their bitcoin.

actually ball is in your court dude. buy or not, not the problem. the problem is how people can deal with the problem of decline now, the positive aspect of it I think is the users in demand to keep the coins they have and do not sell them, so the price does not go down further. I think there is something good behind this decline. keep calm and do not panic because we are all being in the same boat and the same condition.

Only short term holders, and investor who over invested, and cant lose that investment panic. Long term holders dont have anything to worry about, and that will be seen if you hold up to 2022. I expect it to be much higher then

Yes you are right, the decrease of bitcoin is not always a negative thing, but there are positive things that can be taken from the decrease of bitcoin. Stay patient to hold bitcoin at the time the price falls, and can also add bitcoin by buying at a low price, as bitcoin increases this will be a great advantage.

Panic sellers are only chasing for profit but they never thought that even the market fluctuates badly as long as they are holding their bitcoin, there's still hope.

There's no hope for them that has the worst strategy of buying high, sell low. The only solution for them is to learn from that mistake.

After analyzing crypto market for over a year, I am very much confident that rise and fall are there to test our strategies. Those who stay firm during DIPs are the ultimate winner.

lots of people lose a lot of money because of panic



But it is very difficult to keep calm, imagine the people who bought bitcoin when the price was $ 18000 and today the price is $7500, these people are with many losses and probably should already be thinking of selling and without doubts that many of them must have sold in January


truth

some people will buy when the price is $7500 and if the price falls to $7000 then these same people will sell for fear that the price will fall a lot

Most experience traders are making fortune from bitcoin negative price, but we the newbie traders that only buy and hold to profit from price increase only complains when price dips. When price is negative ,some traders short sell to make profits.

I see this only as a correction not a biger or serious dip so I don't recommend selling. Actualy last thing I want to see is some panic selling, there is no need for that. This could only lead to further loss unless you have bought under 7000$.
Be patient a little, price will recover although I expect to stay under 10000$ for a while.

With Bitcoin still on a ongoing bear market I doubt that there are many people experiencing loss now compared to when it got a reversal on its All time high. Right now the only ones who are experiencing a loss is the ones who panic sell their holdings, and they are the ones who are at fault. Yes the bright side about this market is everyone can buy cryptocurrencies at a cheaper price but for newbies who does not know what to do all they are seeing is regret as the market is showing no hope of going up.

OP, not everyone can take this and make use of it. When some traders and investors sees a dip, they panic and start selling off, at the end, they come here to whine on their loose and wishing they haven't invested. Cryptocurrency is a goof investment for investors whom have pratised the act of being patient and are making use of it. Not every one is patients enough.

So, this is our opportunity to buy some coins and have it hold until we can gain profits. This is how market behaves so we should don't need to worry. Things will only continue to circulate and it's up to us on how to be more profitable.

There are some holders that selling their holding because they afraid of losing their investment so before the price will drop more they sell their bitcoin first and I think mostly those people are new in crypto because other people who know about bitcoin are those people who can stay holding their bitcoin because they know that the price of bitcoin can increase again unlike those newcomers who enter in cryptocurrency.

By selling bitcoin below the purchase price for reasons of avoiding further losses, it will only make us lose more and look increasingly stupid.


In addition to the hold, it's good if we made a point of buying although a little coin at least we've contributed to the growth of bitcoin prices at that time.


True, this strategy is very effective if combined with the hold strategy, both of these strategies proved to be good if run well.

Not literally most of us are selling to avoid further loss, we may not know that most of them are selling and is still in great profit. They can be long term holders that been hodling since 2016 or 2017.
How many times we are going to warn and give those newbies tip, they never learn. They are only thinking about quick profit so they can't understand it.

Panic sellers and those fake orders are sometimes the reason why bitcoin price goes down. But still.Its a good news they want  the price to go down so that they can buy even more when it dips.

I see this kind of dump so many time since I entered crytoworld and now sometimes I hope for the price to go down like this because I can buy more coin. This is actually a great opportunity to have more bitcoin because the future of this coin is great and I can say you have nothig to worry about, in just short term you can have the profit.

I dont see any negative reasons about the current dip, it is just a normal flow for Bitcoin is very volatile in nature. Infact this dip is an opportunity for us to buy more while we still can. The market is just stretching down and getting ready for a bull run.
Sure not everyone will be able to buy Bitcoin when the price is above $15k already.

Panic selling happens when you are an emotional trader or you were afraid of the volatility of bitcoin or heard speculations. This is why it is important to think twice before investing. I think it is not time to get panic. This dip is within the normal fluctuation of Bitcoin.

Buy when everyone fears to buy and sell when everyone is greedy to buy -warren buffett

Its great time to built your portfolio and start gathering coins of your choice.

The market will surely rise if one hold coins for long term and almost every investment of long term will give you benefit at the end when the market goes high. Do not proceed for panic selling as this is a danger for your investment and results in loss, if the investment is in loss then what is the need to sell the coin but the wise decision is to hold it and sell it when the market goes high.

Those who fear the loss can never gain profit in any market. One has to understand the power of HODL in order to be successful at crypto market.

Yes I am one of those people who are panicking at first even though I have atleast little knowledge about bitcoin. Reading like this one is very inspirational and until now I didn't sell any of my bitcoins and keep telling myself that it is the opportunity to every to buy more bitcoins :)

Bitcoin is not negative and how can you say or prove it is negative? Just look at the rise and sudden jump in the prices of Bitcoin today that has rendered many rich which depends on the number of coins one holds. The prices are stable than any other coins. One should never sell during the red market and panic selling contributes to the further fall in the values of Bitcoins.

Bitcoin is still positive results in Crypto market because other coins also down in the market so it is not a dangerous dip. We should hold for long term it will going to moon in market and all the peoples are afraid to invest in Bitcoin because some people are spread the rumours in Crypto investment.

Most definitely. The last year was the perfect example of how in some cases, you can very easily benefit from very basic investment terms. The insane amount of hype in December last year was beyond crazy. People quite often go hard on Warren Buffett (some times rightfully so), but they discard the fact that he with his long term mindset did very well. If the market happens to correct, he uses that as an opportunity to increase his overall position in certain stocks. The main point of importance that he made clear is that as long as the company is a solid performer right now and has potential to be so in the future as well, it doesn't really matter at what price (cheaper is always better of course) you buy stocks. Bitcoin has proven to be exactly that....

One of my friends in workplace hated that he bought more bitcoins right around 9500. Now he think he lost money. I am really laughing how people expect such quick returns. Bitcoin is of course in buy opportunity.

Exactly. Some people are panicking on the current correction, but I find that completely unnecessary. It's really not that wise to follow the market sentiment in this case, when the prices are dipping on a daily basis.

Even though bitcoin may be going down at the moment, it's simply the case because we're in the bear stage of the cycle right now. Once we bottom, and the recovery starts happening, the markets are most likely going to heat up just like 2017. I expect this to happen between 2020-2021.

We are entering a big accumulation stage, in my opinion. The prices are just right for accumulating for the long term, and even though prices may adjust further down, the bottom is most likely very near the current prices. Do some dollar cost averaging on your buys right now, and you should be able to comfortably take advantage of this falling market.

actually people nowadays always buy at high price without doing some technical analysis, then always panic as well when the price is decreasing gradually,  and in my view it is because of being greedy and being have no enough knowledge how to ride the volatility of the market which is they cant even control their emotions because of being involved in some causes and even have loses they're always panic selling and always repent after.

Well imo you're right OP which is  instead of selling the good idea is to keep holding and buy more as well in dip to gain more profits when bitcoin stabilize and always control your emotions 'cause it's just a temporary situation which is after that there will be a good scenario will happen.

Opportunities for buying at the dip yes, most obvious positive aspect but I would invite you long term speculators and traders to also look at other long term indicators of value.

Consider that despite this sustained shedding of value, the sentiment is still that of consolidation and not full scale sell off.

Consider that this small slope is the extent of a triple whammy of US scrutiny, DoJ probe and overall FUD.

Consider that all of this has not eroded hashrate, has seen increased Lightning Network adoption, has not shoved away investors.

Now, feeling better already?

many think about btc either negative or positive things depending on how people judge the btc is likely that people who use btc in investment will consider it btc is a positive thing but vice versa for people who do not use bitcoin it will judge it as negative .

A negative income with a negative mindset and emotion is the worst combination to happen. Imagine watching your wallet die slowly because of the value drop and instead of thinking a better way to do, you panic and sell it, what would happen? Instead of losing just your money, you will also lose confidence on investing.

It all depends on how we deal with the situation, when crypto price falls there is a positive side for us, we can buy it cheaply and it could be the beginning to gain profit in the future. What to watch out for is panic because it can make things worse.

I can't agree more with that mindset, but we are dealing with a lot noobs and get rich quick minded people who believe that Bitcoin can become worthless overnight. They don't see in Bitcoin what we see in it, and for that reason they won't be able to process that sort of mindset. These people adjust their mood based on how the market moves, and whales are taking advantage of that right now.

People don't realize that whales taking the price down isn't necessarily a bad thing. If they are making sure the market decreases to levels they are comfortable buying at, we can buy at these levels too, and that also applies to them pumping the market to unload coins. They dump the market for you, and lift it back up, that's what I consider to be a perfect service. Whales are actually very generous people. :D

Thank you Mr. Whale.

instead this decline becomes an opportunity for investors and wealthy merchants or newcomers to start buying it back. this decline will re-reflect or re-bounce to a high price, so for investors or traders who buy at high prices are expected do not panic and do not immediately sell it, because it could have a very negative impact on the current price.

I think it is good time to buy more. We will not see this price in the future.

You spotted it so right. Just to explain your point, remember Eth went down to 370 USD on Apr 1, 2018 and jumped back to 800 on May 6, 2018.
All this swing happened in just a short span of one month. Those who have courage to buy during DIPS are the ultimate winner.